Saving Deposit (S.D):

Rate of Interest:4%

These accounts are designed to help the individuals (personal customer) to inculcate the habit of saving money and meet their future requirement of money. Amount can be deposits / withdrawals from these accounts by way of cheques / withdrawal slips. It helps the customers to keep minimum cash at home besides earning interest.

These accounts can be opened by eligible persons and certain organizations / agencies (as approved by the Reserve Bank of India {RBI}). As required by law, while opening SB account, the Bank will satisfy itself about the identity including verification of address, of a personal seeking to open an account, to assist in protecting the prospective customers, members of the public and ourselves against fraud and other misuses in the feild of co-operative .

The prospective account holder should comply with the Know Your Customer (KYC) norms producing one or more of the following documents in support of identity and address.

  • Proof of Identity
  • Passport
  • PAN card
  • Voter Identity Card
  • Driving License
  • Aadhar Card
  • Address Proof
  • Telephone bill
  • Bank account Statement
  • Aadhar Card
  • Electricity bill
  • Ration Card

Current Account (C.A):

The Current Account is meant to make the day to day transactions easier to the current account holder. There will be no restriction on number of transactions during a year or like that unlike in saving bank account.

Hence they collect maintenance charges in the form of service charges No interest is paid whatever the balance kept in current account since it is meant for drawing by the account holder at any time.

Monthly Income Scheme (MIS):

Rate of interest
10% for 3 year (for e.g. on an investment of 1,20,000/- get 1000/-)

Recurring Deposit (R.D):

Rate of Interest: 10%

Recurring Deposit is a special kind of Term Deposit offered by banks in India which help people with regular incomes to deposit a fixed amount every month into their Recurring Deposit account and earn interest at the rate applicable to Fixed Deposits. This deposit matures on a specific date in the future along with all the deposits made every month. Thus, Recurring Deposit schemes allow customers with an opportunity to build up their savings through regular monthly deposits of fixed sum over a fixed period of time.

Bumper Recurring Plans:

  • Lakpati Scheme Deposit Rs.2500/- for every 36 months & get Rs.1,05,180/- + Rs.1,000/- Bonus on maturity.
  • Bhavishya Nidhi Scheme Deposit Rs.1200/- for every 36 months & get Rs.50,486/- + Rs.500/- Bonus on maturity.
  • Bala Bhavishya Nidhi Scheme Deposit Rs.500/- for every 60 months & get Rs.40,014/- on maturity.
  • Kalyan Nidhi Plan: Invest Rs.1000/- for every 180 months & earn Rs.4,14,774/- on maturity.
  • Child Future Education Plan: Invest Rs.1500/- for every 144 months & earn Rs.4,15,683/- on maturity.
  • Deposit Rs.750/- for every 144 months & get Rs.2,07,841/- on maturity.

Note: This can be invested in multiples to earn more & more.

Fixed Deposit (F.D):

A fixed deposit is a financial instrument provided by banks which provides investors with a higher rate of interest than a regular savings account, until the given maturity date.

Period Rate of Interest
Short Term Deposit 15 - 90 Days 7.25%
91 - 181 Days 7.75%
182 - 272 Days 8.25%
273 - 365 Days 9%
Long Term Deposit 366 Days 10%
366 Days to 3 Years 10%
555 Days 10.5%
999 Days 11%
3 Years and Above 8.75%
Above 5 Years 12%


  1. Additional 0.5% Rate of Interest offered to Senior Citizens on investments of 366 Days & above (excluding investment of 555 Days and 999 Days)
  2. Special interest rates offered for the reserved categories: Widows, Physically Challenged, Religious Institutions (Churches, Temples, Mosque etc.), Armed Force personals, Ex-servicemen, family members of the Martyrs of Indian Nation, Policemen & Retired Policemen of State.

*(Essential Documents must be submitted)

Pigmy Deposit (P.D):

Rate of Interest:

Money can be deposited into an account on daily basis. The amount may be as small sum. It can be said as a recurring deposit scheme, but money is put almost daily. The unique characteristic of this scheme is that an agent from respective bank collects money to be deposited on daily basis, from door steps of account holder of the scheme.

Above 1 year & up to 2 year 3%
3 years & above 4%

Anjali Cash Certificate (A.C.C):

This is a most popular scheme in our co-operative. The interest earned is compound interest Cash Certificate Deposit can opened for a period ranging from 1 year to 7.5 years.

Double your money in just 90 months.

Ujwal Bhavishya Nidhi Plan:

Invest Rs.10,000/- & get Maturity value of Rs.26,000/- after 120 months.

(It can be invested in Rs.1,00,000/-, Rs.2,00,000 & above)